Cost of living comparison
Reykjavik is 2.5 times more expensive than St. George's.
If you lived in Reykjavik instead of St. George's, you would:
pay 2.0 times more for restaurants
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.40
EC$20.00
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.33
EC$22.50
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.85
EC$5.00
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.48
EC$4.00
|
$2.19
ISK304
|
|
pay 54.8% more for groceries
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.69
EC$4.57
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$4.32
EC$11.68
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$14.71
EC$39.75
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$3.95
EC$10.67
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$2.60
EC$7.04
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$2.48
EC$6.70
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.84
EC$2.27
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.79
EC$2.13
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.34
EC$3.63
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.94
EC$2.54
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.86
EC$2.33
|
$0.93
ISK130
|
|
pay 37.1% more for transportation
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.18
EC$14.01
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$37.00
EC$100.00
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,976.41
EC$67,500.00
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$199.81
EC$540.00
|
$24.05
ISK3,346
|
|
pay 2.9 times more for housing
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.87
EC$126.67
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$579.70
EC$1,566.67
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$289.85
EC$783.33
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.51
EC$431.09
|
$53.95
ISK7,507
|
|
pay 3.6 times more for childcare
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$55.50
EC$150.00
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$2,331.13
EC$6,300.00
|
$5,993.99
ISK833,944
|
|
pay 3.3 times more for entertainment and sports
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.04
EC$5.50
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$4.44
EC$12.00
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.85
EC$5.00
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$37.00
EC$100.00
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$11.10
EC$30.00
|
$14.77
ISK2,056
|
|
pay 2.9 times more for clothing
|
St. George's
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$25.90
EC$70.00
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$44.40
EC$120.00
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$42.55
EC$115.00
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$75.85
EC$205.00
|
$194.16
ISK27,013
|
|
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